BluMetric Advises Delay in Reporting 2013 Annual Financial Results

OTTAWA, Jan. 27, 2014 /CNW/ - BluMetric Environmental Inc. (TSXV: BLM),
an Ottawa-based cleantech company, advises that it will not be able to
file its audited financial statements for the thirteen months ended
September 30, 2013 and related MD&A and CEO and CFO certificates by
January 28, 2014 as required under securities laws. The delay in the
filings has resulted from a larger-than-expected audit scope due to the
reverse-takeover completed by the Company in November 2012, along with
longer-than-anticipated timelines. The Company is continuing to work
with its auditors to complete its audited financial statements and MD&A
for the thirteen months ended September 30, 2013 and has targeted
completion and filing by February 4, 2014.

The Company confirms that it intends to satisfy the provisions of the
alternative information guidelines found in sections 4.3 and 4.4 of
National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults for so long as it is delayed in filing the annual financial statements
and related MD&A and CEO and CFO certificates. The Company is not aware
of any other material information concerning its affairs which has not
been generally disclosed.

In view of this delay in filing, the Company has applied to the
applicable Canadian securities regulatory authorities for a management
cease trade order. There can be no certainty that such an order will be
granted. The applicable regulatory authorities may instead issue cease
trade orders against the Company for failure to file its annual
financial statements and related MD&A and CEO and CFO certificates
within the prescribed time period. During this delay in filing, each
of the directors and the officers of the Company has voluntarily agreed
to cease trading in the Company's securities.

About BluMetric
BluMetric, a cleantech company, delivers sustainable solutions to
complex environmental issues. The Company serves clients in many
industrial sectors, and at all levels of government, in Canada and
abroad.

BluMetric operates through two divisions:

Professional Services, providing environmental earth sciences and engineering solutions,
including contaminated site remediation, water resource management,
industrial hygiene, occupational health & safety, and renewable
energy. This division also operates under the names "WESA" and
"Envir-Eau"

Water, focussed on design-build and pre-engineered product solutions to
industrial/commercial water and wastewater treatment needs. This
division also operates under the names "WESAtech" and "Seprotech".

Forward-Looking Statements
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
The TSX Venture Exchange has neither approved nor disapproved of the
information contained herein. Some of the statements in this press
release, including those relating to the Company's strategies and other
statements that are predictive in nature, that depend upon or refer to
future events or conditions, or that include words such as "expects",
"anticipates", "intends", "plans", "believes", "estimates" or similar
expressions, are forward-looking statements within the meaning of
securities laws. Forward-looking statements include, without
limitation, the information concerning possible or assumed future
results of operations of the Company. These statements are not
historical facts but instead represent only the Company's expectations,
estimates and projections regarding future events. The Company does not
undertake any obligation to update or release any revisions to these
forward-looking statements to reflect events or circumstances after the
date of this presentation or to reflect the occurrence of unanticipated
events, except as required by law.